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197,000-SF Office Building Trades for $44M

remstaff &Globe Street | April 21, 2003

SAN FRANCISCO-The 10-story building at 550 Kearny St. in San Francisco's North Financial District is 98% leased. The seller was the Cahill Family, of Cahill Construction. The buyer is Bay Pacific Corp., an undisclosed Bay Area family trust.

$25M Mortgage Set for Sheraton Meadowlands

remstaff &Globe Street | April 21, 2003

EAST RUTHERFORD, NJ-Partners Prime Hospitality and United Capital had acquired the landmark 425-room property late last year and subsequently brought Ark Investment Partners into the mix.

Lane, Berry & Co. Takes 12,047 SF

remstaff &Globe Street | April 21, 2003

BOSTON-Lane, Berry & Co. International, an investment banking and advisory services firm, leases 12,047 sf in the heart of the city's financial district at 100 Federal St. The 41-story building is owned by Fleet Bank.

Valley's First Eckerd Store Sells for $3.5M

remstaff &Globe Street | April 21, 2003

SUN CITY, AZ-Eckerd Corp. sells the 13,813-sf store at 9901 W. Thunderbird Rd. to a Denver couple with 1031 Exchange money. The proceeds buy a triple-net leased property with a credit tenant locked into a 20-year lease.

Kandy Kiss Takes 61,000 SF

remstaff &Globe Street | April 21, 2003

SYLMAR, CA-The garment firm kisses goodbye to Pacoima in an eight-year signing for the balance of the term of Brooks-PRI Automation's lease at Cascades Business Park in Sylmar. The contract is valued at $3.3 million.

SKB Adds 235,209 SF to San Diego Portfolio

remstaff &Globe Street | April 21, 2003

SAN DIEGO, CA-Portland-based ScanlanKemperBard Cos. beefs up its San Diego portfolio with the acquisition of two Mission Valley office properties in separate transactions worth $36.7 million combined.

Medical Park Sold, Retail Leased

remstaff &Globe Street | April 21, 2003

NOVI, MI-Investor buys Novi medical buildings and land through Friedman; Grubb & Ellis leases freestanding facility for new Kinko's location.

Retail Centers Land $13M in New Financing

remstaff &Globe Street | April 21, 2003

CHICAGO-Lenders write new mortgages with standards as tough as 55% loan-to-value, but owners of grocery-anchored and neighborhood centers in Lincoln Park, New Lenox and Schaumburg are refinanced in separate deals.

PIDC Arranges Financing for 680,000-SF Industrial Renovation

remstaff &Globe Street | April 21, 2003

PHILADELPHIA-The former headquarters of Crown Cork and Seal at 9300 Aston

Koll Tees Up 100-Acre Golf Course Redevelopment

remstaff &Globe Street | April 21, 2003

CINCINNATI, OH-In a joint venture with the landowners, Dallas-based Koll Development plans to develop a corporate park on the 100-acre Kingswood Golf Course along Interstate 71 in Deerfield Township.

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197,000-SF Office Building Trades for $44M

$25M Mortgage Set for Sheraton Meadowlands

Lane, Berry & Co. Takes 12,047 SF

Valley's First Eckerd Store Sells for $3.5M

Kandy Kiss Takes 61,000 SF

SKB Adds 235,209 SF to San Diego Portfolio

Medical Park Sold, Retail Leased

Retail Centers Land $13M in New Financing

PIDC Arranges Financing for 680,000-SF Industrial Renovation

Koll Tees Up 100-Acre Golf Course Redevelopment

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